The (Less) Secure Act & Coming Death of the Stretch IRA

While partisan politics rage, the U.S. House of Representatives nearly unanimously passed a bill that would reform key aspects of America’s retirement laws.  The SECURE Act passed in a 417-3 vote in May and contains a provision to eliminate the Stretch … Continue reading

The Myth of No-Cost Fixed Annuities

Some financial salespeople tout annuities as a better way to protect and grow your money. They’ll often say things like ‘no cost’ or ‘stock-market-like returns’ neither of which are true. Even smart people can get caught up in the hype. … Continue reading

Your Retirement Income Framework

You worked hard. You saved and invested. Now you’re at the doorstep of retirement – at least you think you may have enough – and you wonder, “How the heck do I replace this paycheck I’ve been getting every two … Continue reading

Commentary on Risk and Return Assumptions

It is an uncertain task when estimating future risk and return levels of stocks and bonds. Yet in proper retirement planning and investment planning we must do just that. As a firm philosophy, we do our very best to have … Continue reading